A little more than a year ago, we reported about something called the Bloodhound project, a group headed by Richard Noble and Andy Green that is working on a vehicle that can hit a top speed of 1,050 mph. The duo is out to beat their own record, and the current land-speed record, of 766 [...]
Prior to its official public debut at the 2009 Essen Motor Show, speedART has finally unveiled their new modifications package for the Porsche Panamera Turbo: Known as the speedART PS9 – 650, the modified Panamera receives a number of visual and power upgrades. speedART is offering power kits that increase output to 520-hp, 550-hp, 600-hp [...]
As reported yesterday, we are test-driving the 2010 Volkswagen GTI this week. Today we’ll give you a little look around the inside of the new V-dub hot hatch. The interior is uncompromisingly sporty. Beginning with the sports leather seats (available with the Autobahn Package), to the Audi-shaped multi-functional steering wheel (with paddle-shifters if you opt [...]
FoMoCo announced today that it has successfully completed the extension of its revolving credit facility under its secured credit agreement. “Revolving lenders have agreed to extend the maturity of commitments totaling $7.2 billion under the facility to November 30, 2013 from December 15, 2011, and such lenders will convert $724 million of their existing revolving [...]
Earlier this morning GM announced that Koenigsegg Group AB has backed out of buying Saab, but gave no reason for why the small Swedish supercar maker terminated the deal. So what’s going to happen to Saab now? According to Reuters, Sweden has ruled out state aid for Saab earlier today. “You can’t, by state aid, keep [...]
At the Guangzhou Auto Show today, Shanghai GM unveiled the new 2010 Cadillac SLS, one of the two new models for China along with the Buick Excelle XT. The new SLS gets a new design theme that is uniform with the Cadillac brand and sits on a wheelbase that extends beyond 3,000 mm. The Chinese [...]
The 2010 Viper SRT10 ACR has been hanging out at Laguna SECA all day with Dodge president and CEO Ralph Gilles and driver Chris Winkler. The group has just wrapped up the exciting day by breaking the Laguna Seca track production car lap record with a new time of 1:33.944. But before we get into all that [...]
Preliminary figures released by the EPA on Friday indicate that Honda Motor Co. has the most fuel efficient line of cars in the United States, reports Detroit News. Hyundai Motor Co. came in a close second. All vehicles sold in the 2009 model year are expected to average 21.1 miles per gallon in “real world” [...]
Americans are slowly but surely warming up to fuel-efficient vehicles. According to the EPA, new U.S. vehicles sold in 2008 averaged 21 mpg, up from 20.6 mpg in 2007, and they estimate that 2009 should average 21.1 mpg. “Gas prices have risen each year from 2002 to 2008; industry has failed to keep pace by [...]
Bentley, which is aiming for 10,000 sales annually, is stuck being optimistic with sales reaching just above 6,000 units a year. To dig its way out of this dilemma, the Volkswagen owned brand is now considering down-sizing and down-pricing its vehicles. For those of you thinking “YES! I can finally own a Bentley,” we’d like [...]
